Inflation Georgia 2019

Average inflation: 7.1%

Current Inflation

Inflation is very high at 7.1%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 7.7%. The lowest inflation was in January at 6.1%.

Highest month
November: 7.7%
Lowest month
January: 6.1%
Difference
1.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 8.2%. The lowest price increase was in Energy with an average of 2.0%.

Highest increase
Food: 8.2%
Lowest increase
Energy: 2.0%

Historical Context

Current inflation is around the 5-year average of 7.1%.

5-year average
7.1%
10-year average
6.1%
All-time high (2017)
8%
All-time low (2006)
2.1%

Trend

Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.6 percentage point).

Change vs. previous year
+0.6 percentage points
Largest monthly swing
December: +1.3 percentage points

ECB Target

Inflation is 5.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €107.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Month overview

Month Inflation Difference vs. 2018
January 6.1% -0.3
February 6.2% -0.2
March 6.1% -0.4
April 6.9% +0.3
May 7.5% +1.0
June 7.3% +0.8
July 7.3% +0.7
August 7.4% +0.7
September 7.6% +1.0
October 7.5% +1.0
November 7.7% +1.1
December 7.7% +1.3
Average 7.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also